What does Welltok do?

Welltok, is the leading consumer health enterprise SaaS company. Its CafeWell health optimization platform provides customers with personalized incentives and guidance for optimizing their health. This company is changing the way population health managers are partnering with customers for optimizing their health and getting rewarded. Their platform organized the growing health and condition management programs spectrum, tracking devices and apps and communities. This platform, accessible through mobile and web, drives engagement for providing customized guidance and leveraging social, cognitive and gaming technologies. This company improves healthcare value and delivers a more effective and efficient way for motivating customers in achieving optimal health.

How much Welltok was funded?

The company raised $13M on October 5, 2016 from Silicon Valley Bank.

Previous funding

$4.98M in Series A on August 24, 2011 from Miramar Ventures, TriZetto, Okapi Venture Capital and Jeff Margolis

$2.15M in undisclosed round on October 2, 2012

$18.7M in Series B on April 10, 2013 from InterWest Partners,  Kalaari Capital, Emergence Capital Partners, Miramar Ventures, TriZetto and Okapi Venture Capital.

$22M in Series C on February 11, 2014 from New Enterprise Associates, IBM SmartCamp and Qualcomm Ventures, Okapi Venture Capital, Emergence Capital Partners, Miramar Ventures, InterWest Partners.

$163.51k in undisclosed round on March 14, 2014

$37M in Series D on January 8, 2015 from Hearst Health Ventures,  Bessemer Venture Partners, Catholic Health Initiatives, InterWest Partners,  Qualcomm Ventures, New Enterprise Associates and Emergence Capital Partners

$45M in Series D on December 3, 2015 from Georgian Partners, Singapore EDB and Flare Capital Partners

$33.7M in Series E on October 5, 2016 from Miramar Ventures,  EDBI, Okapi Venture Capital, Hearst Health Ventures, TrustMark, Qualcomm Life, Flare Capital Partners, Sigma Partners, HLM Venture Partners, InterWest Partners, Bessemer Venture Partners, Emergence Capital Partners and New Enterprise Associates

What is next for Welltok?

The company plans on using the latest funding raised for continued development of its health optimization platform and complementary technology enabled healthcare service offerings and for expanding its business into new markets.

More about Welltok

Welltok was founded in 2009 by Carlos Cardona and Scott Rotermund. It has its headquarters in Denver, CO.